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Bitcoin is an experimental digital currency that allows instant payments to anyone, anywhere in the world. Bitcoin uses peer-to-peer technology to operate with no central authority. Money transfers and the minting of new coins are carried out collectively by the network. The open source software that enables Bitcoin is released under the MIT license.
Click here for a concise explanation of how it works or here for a detailed technical description.
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Project Incompetent: An exhibition in why Satoshi Nakamoto detests making media appearances
11 Aug 2022 12:00 The Project aims to “join the conversations going on in living rooms around the country,” and featured a segment by host Hamish Macdonald that attempted to solve the ‘mystery’ of who is Satoshi Nakamoto. [...]
Errol Hula: How Bitcoin SV can call out fake news Instead of making money from harvesting user data and selling it on to third parties, as so many leading technology companies do currently, NOBL will use a micropayment system. [...]
Portuguese banks ban digital currency exchanges—regulatory compliance is crucial As the larger picture becomes clearer, we'll double down and repeat it: in the coming years, regulators will squeeze those who have flouted AML/KYC rules and other regulations to death. [...]
Kurt Wuckert Jr. converts Messy Times host Christopher Messina into a big blocker CoinGeek’s Kurt Wuckert Jr. recently joined Christopher Messina on the Messy Times podcast to discuss Bitcoin’s history, why big blocks are the way, and what Bitcoin SV is. [...]
Bitpay Reveals Prepaid Cardholders Can Get up to 15% Cash Back Rewards via Select Retailers
Bitcoin, Ethereum Technical Analysis: ETH Moves to 2-Month High Above $1,900
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"The root problem with conventional currency is all the trust that's required to make it work. The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust. Banks must be trusted to hold our money and transfer
it electronically, but they lend it out in waves of credit bubbles with barely a fraction in reserve. We have to trust them with our privacy, trust them not to let identity thieves drain our accounts. Their massive overhead costs make micropayments impossible.
With e-currency based on cryptographic proof, without the need to trust a third party middleman, money can be secure and transactions effortless."
Satoshi Nakamoto |
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